For a less dramatic creative destruction: Innovation and entrepreneurship as features of the market process
Autor(a) principal: | |
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Data de Publicação: | 2019 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Mises |
Texto Completo: | https://revistamises.org.br/misesjournal/article/view/1245 |
Resumo: | Innovation is at the core of any market economy and it is necessary for any organization to survive in competitive environments. This article aims to discuss the current approach to innovation seen in most of the management and economics literature and it will suggest that this understanding, loosely based on Schumpeter’s ideas on creative destruction, is not capable of representing the actual dynamism seen in the markets. In order to better understand that dynamism, the market process approach of the Austrian School is presented as a substitute. The comparison indicates that adopting the market process approach, in which entrepreneurship and innovation are endogenous and not-necessarily related to breaks or shocks, leads to a much better understanding of the innovation phenomena and, consequently, and opens new paths in the understanding of the entrepreneurial role. The work concludes presenting limitations and suggestions for future research in management, and economics, and finally, some pedagogical suggestions are also given. |
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For a less dramatic creative destruction: Innovation and entrepreneurship as features of the market processPor una destrucción creativa menos dramática: innovación y emprendimiento como características claves del proceso de mercadoPara uma destruição criativa menos dramática: inovação e empreendedorismo como características fundamentais do processo de mercadoInovaçãoDestruição CriativaEmpreendedorismoSchumpeterProcesso de MercadoInnovationCreative DestructionEntrepreneurshipSchumpeterMarket ProcessInnovaciónDestrucción CreativaEmpredimientoSchumpeterProceso de MercadoInnovation is at the core of any market economy and it is necessary for any organization to survive in competitive environments. This article aims to discuss the current approach to innovation seen in most of the management and economics literature and it will suggest that this understanding, loosely based on Schumpeter’s ideas on creative destruction, is not capable of representing the actual dynamism seen in the markets. In order to better understand that dynamism, the market process approach of the Austrian School is presented as a substitute. The comparison indicates that adopting the market process approach, in which entrepreneurship and innovation are endogenous and not-necessarily related to breaks or shocks, leads to a much better understanding of the innovation phenomena and, consequently, and opens new paths in the understanding of the entrepreneurial role. The work concludes presenting limitations and suggestions for future research in management, and economics, and finally, some pedagogical suggestions are also given.La innovación está en el corazón de cualquier economía de mercado y es necesaria para que cualquier organización sobreviva, en entornos competitivos. Este documento tiene como objetivo discutir el enfoque actual de la innovación, presente en la mayoría de la literatura de negocios y economía, y sugerirá que esta comprensión, basada libremente en las ideas de Schumpeter sobre la destrucción creativa, no es capaz de representar el verdadero dinamismo visto en los mercados. Para comprender mejor este dinamismo, el enfoque del proceso de mercado, de la Escuela Austriaca, se presenta como un sustituto. La comparación indica que la adopción de este enfoque de proceso de mercado, donde el emprendimiento y la innovación son endógenos y no están necesariamente relacionados con fallas y choques, conduce a una mejor comprensión del fenómeno de la innovación y, por lo tanto, abre nuevas vías para la comprensión del rol emprendedor. El documento concluye, presentando limitaciones y sugerencias para futuras investigaciones en administración y economía, y finalmente se dan algunas sugerencias pedagógica.Inovação está no centro de qualquer economia de mercado e é necessária para qualquer organização sobreviver, em ambientes competitivos. Esse artigo objetiva discutir a abordagem atual de inovação, presente na maior parte da literatura de administração e economia, e sugerirá que esse entendimento, vagamente baseado nas ideias de Schumpeter sobre destruição criativa, não é capaz de representar o real dinamismo visto nos mercados. Para entender melhor esse dinamismo, a abordagem do processo de mercado, da Escola Austríaca, é apresentada como um substituto. A comparação indica que, adotando essa abordagem de processo de mercado, em que o empreendedorismo e a inovação são endógenos e, não necessariamente relacionados à quebras e choques, leva a uma melhor compreensão do fenônomeno da inovação e, consequentemente, abre novos caminhos para a compreensão do papel empreendedor. O trabalho conclui apresentando limitações e sugestões para futuras pesquisas em gestão e economia, e, finalmente, são dadas algumas sugestões pedagógicas.Instituto Mises Brasil2019-11-07info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://revistamises.org.br/misesjournal/article/view/124510.30800/mises.2019.v7.1245MISES: Interdisciplinary Journal of Philosophy, Law and Economics; Vol. 7 No. 3 (2019): MISES Journal 2019 (sep-dec)MISES: Interdisciplinary Journal of Philosophy, Law and Economics; Vol. 7 Núm. 3 (2019): MISES Journal 2019 (sept-dic)MISES: Interdisciplinary Journal of Philosophy, Law and Economics; v. 7 n. 3 (2019): MISES Journal 2019 (set-dez)2594-91872318-0811reponame:Misesinstname:Instituto Mises Brasilinstacron:IMBenghttps://revistamises.org.br/misesjournal/article/view/1245/655D'Andrea, FernandoMazzoni, João Fernandoinfo:eu-repo/semantics/openAccess2019-12-19T15:32:57Zoai:ojs.emnuvens.com.br:article/1245Revistahttps://revistamises.org.br/misesjournalPRIhttps://revistamises.org.br/misesjournal/oairevista@mises.org.br2594-91872318-0811opendoar:2019-12-19T15:32:57Mises - Instituto Mises Brasilfalse |
dc.title.none.fl_str_mv |
For a less dramatic creative destruction: Innovation and entrepreneurship as features of the market process Por una destrucción creativa menos dramática: innovación y emprendimiento como características claves del proceso de mercado Para uma destruição criativa menos dramática: inovação e empreendedorismo como características fundamentais do processo de mercado |
title |
For a less dramatic creative destruction: Innovation and entrepreneurship as features of the market process |
spellingShingle |
For a less dramatic creative destruction: Innovation and entrepreneurship as features of the market process D'Andrea, Fernando Inovação Destruição Criativa Empreendedorismo Schumpeter Processo de Mercado Innovation Creative Destruction Entrepreneurship Schumpeter Market Process Innovación Destrucción Creativa Empredimiento Schumpeter Proceso de Mercado |
title_short |
For a less dramatic creative destruction: Innovation and entrepreneurship as features of the market process |
title_full |
For a less dramatic creative destruction: Innovation and entrepreneurship as features of the market process |
title_fullStr |
For a less dramatic creative destruction: Innovation and entrepreneurship as features of the market process |
title_full_unstemmed |
For a less dramatic creative destruction: Innovation and entrepreneurship as features of the market process |
title_sort |
For a less dramatic creative destruction: Innovation and entrepreneurship as features of the market process |
author |
D'Andrea, Fernando |
author_facet |
D'Andrea, Fernando Mazzoni, João Fernando |
author_role |
author |
author2 |
Mazzoni, João Fernando |
author2_role |
author |
dc.contributor.author.fl_str_mv |
D'Andrea, Fernando Mazzoni, João Fernando |
dc.subject.por.fl_str_mv |
Inovação Destruição Criativa Empreendedorismo Schumpeter Processo de Mercado Innovation Creative Destruction Entrepreneurship Schumpeter Market Process Innovación Destrucción Creativa Empredimiento Schumpeter Proceso de Mercado |
topic |
Inovação Destruição Criativa Empreendedorismo Schumpeter Processo de Mercado Innovation Creative Destruction Entrepreneurship Schumpeter Market Process Innovación Destrucción Creativa Empredimiento Schumpeter Proceso de Mercado |
description |
Innovation is at the core of any market economy and it is necessary for any organization to survive in competitive environments. This article aims to discuss the current approach to innovation seen in most of the management and economics literature and it will suggest that this understanding, loosely based on Schumpeter’s ideas on creative destruction, is not capable of representing the actual dynamism seen in the markets. In order to better understand that dynamism, the market process approach of the Austrian School is presented as a substitute. The comparison indicates that adopting the market process approach, in which entrepreneurship and innovation are endogenous and not-necessarily related to breaks or shocks, leads to a much better understanding of the innovation phenomena and, consequently, and opens new paths in the understanding of the entrepreneurial role. The work concludes presenting limitations and suggestions for future research in management, and economics, and finally, some pedagogical suggestions are also given. |
publishDate |
2019 |
dc.date.none.fl_str_mv |
2019-11-07 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://revistamises.org.br/misesjournal/article/view/1245 10.30800/mises.2019.v7.1245 |
url |
https://revistamises.org.br/misesjournal/article/view/1245 |
identifier_str_mv |
10.30800/mises.2019.v7.1245 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://revistamises.org.br/misesjournal/article/view/1245/655 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Instituto Mises Brasil |
publisher.none.fl_str_mv |
Instituto Mises Brasil |
dc.source.none.fl_str_mv |
MISES: Interdisciplinary Journal of Philosophy, Law and Economics; Vol. 7 No. 3 (2019): MISES Journal 2019 (sep-dec) MISES: Interdisciplinary Journal of Philosophy, Law and Economics; Vol. 7 Núm. 3 (2019): MISES Journal 2019 (sept-dic) MISES: Interdisciplinary Journal of Philosophy, Law and Economics; v. 7 n. 3 (2019): MISES Journal 2019 (set-dez) 2594-9187 2318-0811 reponame:Mises instname:Instituto Mises Brasil instacron:IMB |
instname_str |
Instituto Mises Brasil |
instacron_str |
IMB |
institution |
IMB |
reponame_str |
Mises |
collection |
Mises |
repository.name.fl_str_mv |
Mises - Instituto Mises Brasil |
repository.mail.fl_str_mv |
revista@mises.org.br |
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1798313181935828992 |